US Stock Market at yet another all-time high

in #news5 years ago

The economic indicator most people look at - the stock market - tells a story of wealth, growth, and stability. Times have NEVER been better! America is the best version of itself that it has ever been!

But wasn't the Zimbabwe stock market at all-time highs in the years before hyperinflation and collapse? Wasn't the Wiemar Germany stock market at all-time highs before that collapse? Isn't this always what it looks like, just before the end?

Yes. But most people don't know that.

And so, after forming a clear triple top formation 6 months ago, normally a clear indicator of lower price levels, the market has again surged to a new all-time high:

The fundamentals for the USA aren't as spectacular as the US stock market.

For one thing, democracy's a mockery. Another important point is that the Federal Reserve is now monetizing $1 Trillion USD of debt every week. And remember, It's official: Cryptocurrencies are a threat to the global financial system! Of course, the Fed doesn't want us to call it "QE", but shit is hitting the fan. It appears gold is back in play as hyperinflationary collapse looms.

When I look at the full picture, I don't feel encouraged by the stock market at all-time highs. "Precarious" is the word that comes to mind, and the higher it gets, the more this looks like a blow-off top in the making.

Then again, I've been telling people to Get Out of Stocks for a long time. At some point, I'll be right - very right.

DRutter

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